Stocks News

Riyadh - Mubasher: Amana Cooperative Insurance has filed a request to the Capital Markets Authority of Saudi Arabia (CMA) to raise its capital. Amana is seeking to increase its capital, and it has appointed the National Commercial Bank’s NCB …

Riyadh - Mubasher: Saudi Public Transport Company (SAPTCO) announced on Tuesday that its subsidiary Public Transport Company has acquired a SAR 59 million murabaha finance for six months from the Arab National Bank. The murabaha loan deal will …

Riyadh – Mubasher: Jabal Omar Development Company on Tuesday announced that it has extended a non-binding memorandum of understanding (MoU) with Saudi Ground Services Company (SGS) for one more year until 22 February 2019. The MoU aims at …

Riyadh – Mubasher: Development Works Food Co (DWF) achieved a growth of 2.4% in profits during the second quarter of 2018 compared to the same period last year. DWF’s earnings increased to SAR 2.69 million from SAR 2.63 million in the same quarter …

Riyadh – Mubasher: A private transaction was executed on the National Petrochemical Company’s (Petrochem) stock at a value of SAR 2.93 million on Monday on the Saudi Stock Exchange (Tadawul). The deal saw trading of 104,500 shares at a value of …

By: Mahmoud Gamal Dubai – Mubasher: The diplomatic spat between Turkey and the US has stolen the limelight from the disclosures in the UAE markets. This tension began when Turkey refused to release an American evangelical pastor accused of being …

Riyadh – Mubasher: Saudi Marketing Company (Farm Superstores Co) on Sunday renewed a credit facility agreement with the National Commercial Bank (NCB) at a value of SAR 203.51 million. The finance period extends from April 2018 until the end of …

Riyadh – Mubasher: Saudi Arabia-based Middle East Healthcare Company (Saudi German Hospital) has announced completing about 38% of establishing its new hospital in Dammam. The project’s actual work started on 7 December 2016, while it is expected …

Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) on Thursday reported a 171.05% increase in net losses for the second quarter of 2018, compared to the year-ago period. SPMC’s losses amounted to SAR 10.3 million during Q2-18, up from SAR …

Riyadh - Mubasher: Northern Region Cement Company announced its financial results for the second quarter of the year. The company reported losses of SAR 6.69 million in Q2-18, versus profits of SAR 8.26 million for the same period last year. …

Riyadh - Mubasher: Saudi Real Estate Company (SREC) reported a 46.2% rise in profits for the second quarter of the year. Net profits amounted to SAR 30.27 million in Q2-18, compared with SAR 20.71 million for the same period last year, the company …

Riyadh – Mubasher: Saudi Arabia-based Batic Investments and Logistics Co on Thursday announced a 87.9% year-on-year plunge in net profits during the second quarter of 2018. Batic’s profits amounted to SAR 1.94 million during Q2-18, down from SAR …

Riyadh – Mubasher: Saudi Arabia-based Emaar The Economic City on Thursday reported swinging to loss in the second quarter of 2018, against generating a profit in the year-ago period. The company’s net loss amounted to SAR 45 million during Q2-18, …

Riyadh - Mubasher: Ash-Sharqiyah Development has reported a decline in net losses by 57.16% for the second quarter of 2018, as shown by the company’s financial results. Losses reached SAR 1.66 million in Q2-18, compared with SAR 3.87 million for …

Riyadh - Mubasher: Tabuk Cement Company has reported net losses of SAR 36.08 million in the second quarter of 2018, against profits of SAR 1.29 million for the same period last year. As for the first half of the year, losses amounted to SAR 47.3 …

CoRiyadh – Mubasher: Saudi Market Company (Farm Superstores Co) on Wednesday reported turning to loss during the second quarter of 2018, against generating profits in the prior year period. Farm Superstores’ net loss amounted to SAR 11.86 million …

Riyadh – Mubasher: Red Sea International Co. on Wednesday reported losses for the second quarter and first half of 2018 due to lower revenues. The company suffered SAR 9.8 million ($2.61 million) in losses between April and June, up 75% from SAR …

Riyadh – Mubasher: Kingdom Holding Company (KHC) on Wednesday posted a 12.2% year-on-year increase in net profits for the second quarter of 2018. KHC achieved a profit of SAR 242.7 million during Q2-18, up from SAR 216.3 million in Q2-17, …

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) on Wednesday reported a 44.68% year-on-year decline in its net profits for the second quarter of 2018. Saudi German Hospital’s profits amounted to SAR 34.27 million during …